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26/05/2022
Ger­man im­mig­ra­tion and travel re­quire­ments for refugees from Ukraine
The in­form­a­tion is cur­rently ac­cur­ate as at 7 March. | Наразі інформація актуальна станом на 7 березня. 1. Do I need a visa to enter this jur­is­dic­tion? | Чи...
Comparable
25/05/2022
Five myths about leg­al tech
Be­sides hope, the term also trig­gers fears and per­plex­ity. Reas­on enough to clear up five ma­jor mis­con­cep­tions about "law from a vend­ing ma­chine" (M. Fries)! Many people would struggle to ex­plain what...
24/05/2022
Ex­pan­sion of work­place con­sult­ing busi­ness line: CMS ad­vises Savills on...
Stut­tgart – Real es­tate ser­vice pro­vider Savills Im­mob­i­li­en Be­r­a­tungs-GmbH has ac­quired pr­op­tech BRICK­BYTE. The start-up com­bines ser­vices and con­sult­ing with di­git­al tech­no­logy for space plan­ning to...
24/05/2022
The ES­As have sub­mit­ted fur­ther SF­DR quer­ies to the Com­mis­sion
I. Back­ground While Level 1 of the Sus­tain­able Fin­ance Dis­clos­ure Reg­u­la­tion (“SF­DR”) has been ap­plic­able for over a year, the in­vest­ment funds man­agers have been fa­cing un­cer­tain­ties with re­gards...
24/05/2022
Draft re­port on the Com­mis­sion’s pro­pos­al to amend the AIFMD: key changes
1. Back­ground On 16 May 2022, the draft re­port on the pro­pos­al for a dir­ect­ive of the European Par­lia­ment and of the Coun­cil amend­ing Dir­ect­ives 2011/61/EU on al­tern­at­ive in­vest­ment fund man­agers (the...
23/05/2022
CMS ad­vises In­vesco Real Es­tate on sale of lo­gist­ics fa­cil­ity at Leipzig...
Mu­nich – Glob­al prop­erty in­vest­ment man­ager In­vesco Real Es­tate has sold a lo­gist­ics fa­cil­ity in Air­port­Park Leipzig to CBRE Glob­al In­vestors. In­vesco ori­gin­ally ac­quired the 114,000 square metre site...
23/05/2022
Ten key takeaways of the draft re­vi­sion for the EU mer­ger con­trol pro­ced­ure
Fol­low­ing its eval­u­ation of pro­ced­ur­al and jur­is­dic­tion­al as­pects of EU mer­ger con­trol, on 6 May 2022 the European Com­mis­sion pub­lished drafts for a re­vised Mer­ger Im­ple­ment­ing Reg­u­la­tion (in­clud­ing Form...
23/05/2022
Ger­man Fin­ance Min­istry pub­lishes Fi­nal Let­ter on the In­come Tax Treat­ment...
Al­most a year after the Fed­er­al Min­istry of Fin­ance’s (Bundesmin­is­teri­um für Fin­an­zen or BMF) ini­tial draft, the BMF has now pub­lished its fi­nal let­ter on the in­come tax treat­ment of crypto­cur­ren­cies...
20/05/2022
DEBRA – The new EU tax ini­ti­at­ive aim­ing at pro­mot­ing a fair and sus­tain­able...
With­in the EU a wide­spread asym­metry ex­ists between debt and equity fin­an­cing. Usu­ally, in­terest is tax de­duct­ible from the cor­por­ate in­come tax base while di­vidends do not be­ne­fit from such ad­vant­age...
20/05/2022
Amended IC­SID Rules to enter in­to force on 1 Ju­ly 2022
On 21 March 2022, the Mem­ber States of the In­ter­na­tion­al Centre for Set­tle­ment of In­vest­ment Dis­putes (IC­SID) ad­op­ted a com­pre­hens­ive set of amend­ments to IC­SID ar­bit­ra­tion and con­cili­ation rules (“IC­SID...
19/05/2022
Can­nabis law and le­gis­la­tion in Ger­many
Med­ic­al use The leg­al­isa­tion of can­nabis for med­ic­al use took place in 2017. It is there­fore per­mit­ted to grow, sell and im­port can­nabis for med­ic­al use.Pur­su­ant to the Ger­man Nar­cot­ics Act an au­thor­isa­tion...
18/05/2022
On-site power solu­tions
A guide for large en­ergy users Across Europe there is a clear and con­sist­ent trend for large scale com­mer­cial and in­dus­tri­al users of elec­tri­city ad­opt­ing on-site power solu­tions. This is the res­ult of a range of factors, in­clud­ing:re­new­able on-site gen­er­a­tion be­ing one of the most clear-cut ways to help “green” a site’s elec­tri­city sup­ply and help the com­mer­cial/in­dus­tri­al user achieve their cli­mate change tar­gets;on-site power solu­tions hav­ing the abil­ity to provide re­si­li­ence of elec­tri­city sup­ply dur­ing times of sys­tem out­age or con­straint;avoid­ance of the net­work and policy charges typ­ic­ally as­so­ci­ated with elec­tri­city taken from the grid; an­dthe com­mer­cial op­por­tun­it­ies from lever­aging flex­ible on-site power solu­tions to re­duce con­sump­tion from the grid and/or to ex­port elec­tri­city onto the grid.However, while such op­por­tun­it­ies mean that on-site power solu­tions are of­ten an at­tract­ive op­tion, on-site pro­jects will gen­er­ally come with a com­plex ar­ray of leg­al op­tions and con­sid­er­a­tions. These range from:the fun­da­ment­al point that such pro­jects in­her­ently in­volve par­ti­cip­a­tion in a typ­ic­ally heav­ily-reg­u­lated arena (and of­ten the back­drop of a set of reg­u­la­tions rap­idly evolving to keep pace with the sec­tor), toa range of pro­ject/agree­ment struc­tures and parties (without a “cook­ie cut­ter” ap­proach) in­volved in pro­ject own­er­ship, op­er­a­tion and elec­tri­city sale and pur­chase, with sig­ni­fic­ant co-de­pend­ence between such parties, toa gov­ern­ment policy con­text that (while at face value of­ten pro-green) is of­ten in­creas­ingly con­cerned about grid and policy charges be­ing avoided through these types of pro­ject and wishes to see all mar­ket par­ti­cipants pay­ing a per­ceived fair share of such costs. In this guide we provide an over­view of these chal­lenges and op­por­tun­it­ies in Europe, with a view to as­sist­ing you in re­view­ing, up­front, the key is­sues of­ten as­so­ci­ated with on-site power solu­tions of this nature.